Our Benefits | Freddie Mac Careers

Our goal is for every person at Freddie Mac to feel energized in life, and that means feeling good about what you do and the environment you’re in—in the office and at home. With comprehensive benefits including student loan repayment, parental leave and home benefit program, we aim to support employees’ total well-being.

How We Stand Out

Home Purchase Benefit - Freddie Mac employee at home with kids

We offer eligible first-time homebuyers up to $12,000 toward their home purchase to cover such expenses as down payments and
closing costs, plus paid time off for closing.

YOUR LIFE

First-time homebuyer down payment and closing cost assistance for eligible employees
Continuing education assistance for costs associated with courses or certifications
Student loan repayment assistance
Pre-tax commuter benefit
Flexible work arrangements
Casual dress code
Medical, dental, vision and life insurance coverage for domestic partners and their eligible children
Parental leave
Adoption and surrogacy expense reimbursement
In -vitro fertilization and fertility drug benefits
New Mothers Program, including lactation rooms, education classes, 24/7 virtual support and a return-to-work consultation
Back-up child and adult/elder care
Legal services
ID theft protection services

YOUR WELLNESS

Flexible health care plans that include POS plans, a high deductible health care plan with a health savings account (HSA), and HMO-style plans that include virtual medical and behavioral health, dental and vision coverage
Employee Assistance Program (EAP), provided on-site, with 24/7/365 access for you and your family members
On-site fitness center at headquarters and several virtual program offerings.
On-site wellness center with a medical team that provides urgent and preventive care services at no cost and chiropractic and acupuncturist services for a minimal fee

YOUR MONEY

401(k) savings plan offering company match on up to 6% of pay and a company contribution equaling 2.5% of pay after one year of employment that vests immediately
Charitable contribution match
Flexible spending accounts offering pre-tax savings on eligible expenses
Life insurance coverage with the option to purchase additional coverage
Accidental death, personal loss and business travel accident insurance

YOUR TIME

Between 15 and 20 vacation days based on level and years of service, with the option to purchase additional vacation time
Nine scheduled federal holidays, Juneteenth and the day after Thanksgiving plus two discretionary holidays each year
Eight days of sick leave per calendar year
Up to 10 days of paid bereavement leave for the death of an immediate relative or household member and five days of paid leave for extended family members
Military leave consistent with the requirements of the Uniformed Services Employment and Re-Employment Rights Act
Family and medical leave
Short-term and long-term disability leave
Voting leave

Information About Transparency in Coverage (effective 7/1/2022): This link leads to the machine readable files that are made available in response to the federal Transparency in Coverage Rule with respect to the self-insured component of Freddie Mac’s medical plan, and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.